$789,000 Active
1987 Phaethon Lane
Reno, NV 89521

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STR Status Unknown
2 Beds
·
2.5 Baths
·
2,223 Sq Ft

Our data on this home

Home insurance $3,200 – $4,700/yr Standard homeowners policy

About This Property

This Toll Bros Sundance model is the one you have been waiting on! Gently-lived in 2200 square foot floorplan includes 2 BR, 2.5 BA. Sunlight floods the gourmet kitchen with quartz counters and large dining space. Living room is lined with large picture windows. Separate den provides extra space to relax. The fully covered patio is perfect for tranquility; with a water feature and privacy; it sides to open space, so no buildings on the side nor back can be built. Master is spaced away from 2nd bedroom and has a walk in closet, dual sinks, and tiled shower. Live in comfort year round under high ceilings with built-in ceiling fans, spacious rooms, and lots of storage space. Custom window coverings throughout. Entertain guests with putting green framed by raised gardens, brick pavers & lights. A must-see!

Listed by Jay Kenny — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260012671
Days on Market 16
Price/Sq Ft $355

Property History

Oct 02, 2026
Listed for sale
$789,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,223
Lot Size 0.15 acres
Stories 1
Year Built 2018
Property Type Single Family Residence
Subdivision Damonte Ranch Village 6-2
APN 141-512-08
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $6,535
HOA Fee $216 / Monthly
HOA / Community Regency at Presidio
Schools
Elementary School Nick Poulakidas
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Fitness Center, Gated, Landscaping, Pool, Security, Spa/Hot Tub, Tennis Court(s)
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$3,200 – $4,700/yr
about $329/mo
Est. Rebuild Cost (Coverage A)
$933,660

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$5,080 per month
Principal & interest
$3,990/mo
Property taxes
$545/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$216/mo
From MLS listing data.
Home insurance
$329/mo
Estimated ~$3,200–$4,700/yr — get a local broker quote for accuracy.
Down payment
20% ($157,800)
Home price
$789,000
Loan details
30-yr fixed, 6.5%
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